: we are back live jon hilsenrath of "the wall street journal." taking a look at this week's economic rebound, that is what the- taking a look at weak economic rebound. here is the headline from "the wall street journal" this morning, "companies bracing for the fall." guest: american companies are operating in a very uncertain environment right now. they have been disappointed by what happened in the first half and have been talking to companies over the last few days. they were expected to have a good pickup in spending in the first half of the year and it did not happen. whether or not they have cut inventories or are deciding whether or not to cut back beyond that, what they do not want is uncertainty, which is what they are getting. host: the chief at the financial times is saying that for his business, small and mid-sized companies are pulling back and are not sure. guest: right. this is largely because of the uncertainty that they face. there is a risk of financial disruption. the faults, downgrades. you never really know how investors are going to react. ironically, we have see
p.m. ,hear but "face the nation," with the bild daily, jon kyl, and senate majority whip dick durbin. the five network tv talk shows are barred -- brought to you as a public service by the networks and cspan. re those-airs begin at noon, eastern time. you can listen to them all on cspan radio 90.1 in the washington, d.c. area and satellite radio nationwide at channel 119. you can also go online to cspan re.org. >> it is a behind this? look. the l.a. times says this should be required viewing. this is cspan's original documentary, "the library of congress." it is sunday night at 9:00 eastern on c-span. >> what would that have been like to have met these people when you did not know the ending? >> author eric larsen follows adolf hitler and the third reich in his latest book. >> i started looking for characters through whose eyes i could tell that story. ideally, outsiders, ideally americans, and that is when i stumbled upon a e diem. dodd the first ambassador to nazi germany's >>. that is to night on"q &a." >> if you want to be informed about what is happening in the world and
from the talks by vice president biden. the majority leader represented house republicans, jon kyl for senate republicans, and that vice president. they have been talking about all lot of cuts, both to discretionary and non- discretionary spending, but there the problem is that it does not seem to add at to what they would need to meet the president's requirements to get the country through the next election. that would be somewhere in the area of $2.4 trillion increase in the debt ceiling. john boehner has made it clear that for any increase in the debt ceiling, they will not need more than a one-one increased ratio. quite frankly the democrats have not agreed to that level of cuts. it looks like they will go back today, scour potential areas of saying that they have talked about, and see how much they can agree to and go from there. agree to and go from there. host: in your article from yesterday's with the headline " boehner tells conference big deal no longer operative," you said that there were criticisms for the grand bargain. he pays -- he faced opposition from eric cantor.
, everyone in the room was going for it except for eric cantor and jon kyl. this time the crowd of opponents was bigger but one important person, john boehner. the important thing to remember here is scaling back from $4 trillion to 2.5 trillion does not make any of the big issues go away. sooner or later republicans are going to have to swallow some revenue increases. host: what is the purpose of today's news conference from the president? caller: the purpose for the president is to set a delicate balance. on the one hand he wants to claim the political high ground, i assume, saying that he tried and pushed for historic bipartisan achievement. unfortunately, we will like it there. the reason is that republicans will not sign on to a bold, $1 trillion tax overhaul. so, he wants to show the voters that he is the big negotiator. everything that he said the revlon in 2008. but he does not want to poison the well to make these negotiations for the rest of the week. >> what is the main message coming from republicans going into this meeting? >> it would seem that their main message is p
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